Tuesday, July 27, 2010

iPhone banking app is not safe

Citigroup's banking application for iPhone improperly stored some users' sensitive data in hidden files for God know's what devious plan, but the bank said it has fixed the glitch.

Citi spokeswoman Natalie Riper said its US Citi Mobile iPhone banking program may have also saved account information on personal computers that customers hooked up to their phones.

On Monday, the US lender told customers to install an updated version of the app, which deletes any information that may have been inappropriately saved to the iPhones or PCs. The update is available at Apple's App Store or iTune store.

"We have no reason to believe that our customers' personal information has been accessed or used inappropriately by anyone," Riper said in a statement. "There has been no data breach." Riper might as well have been Reaper.

Representatives for Apple were not available for comment. The glitch was first reported by the Wall Street Journal on Monday.